Looking at historical lynas market cap. It looks like it jumped very quickly from low 100m market cap in 2008 to a few bil in 2010. Lynas primarily went to production in 2014 at which point it started generating material revenue. So it had a multi billion market cap well before this. The attached screenshot shows market cap in USD (can't find one in AUD). source companiesmarketcap.com/lynas
This tells me what this could become given we are already on a fast track compared to other REE companies with a mining licence and early production potentially in 2024.
Looking at historical lynas market cap. It looks like it jumped...
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $132.5M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $161.2K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1942 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 465936 | 7 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LIN (ASX) Chart |